Deals of the day-Mergers and acquisitions

Challenger

07/04/2025 14:40

Adds: Mesa Air Group Update

April 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:

** Mesa Air Group
MESA.O
 and Republic Airways agreed to merge in an all-stock deal, the companies said, in a move that would give them a larger fleet and boost efficiency in regional flying and crew management.

nL3N3QL148

** Chinese battery giant CATL 300750.SZ is in talks to buy a controlling stake in electric vehicle maker Nio's 9866.HK power unit, which runs more than 3,000 battery swapping stations in China, four people with knowledge of the matter told Reuters.nL3N3QH0ZE

** Woodside Energy WDS.AX, Australia’s top gas producer, said it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion. nL3N3QK081

** Japanese insurer Dai-ichi Life <8750.T> said it had entered a conditional agreement to buy a 15.1% stake in Australian peer Challenger  from MS&AD Insurance Group <8725.T> for 80 billion yen ($551.27 million). nL2N3QK05G

** Australia's Abacus Storage King  said that it had received an unsolicited takeover offer from a consortium consisting of Ki Corporation and Public Storage , valuing the target at A$1.93 billion ($1.16 billion).nL3N3QK05K

 (Compiled by Rajarshi Roy and Siddhi Mahatole in Bengaluru)

 ((siddhi.mahatole@thomsonreuters.com))